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Dog Kennels and capital expenditure

  • Member PM.Dip
  • Practice Licence
  • 44 posts
  • # 74614

Hi all - hope someone out there has some knowledge on this that they are willing to share.

Does any one know the rules for claiming capital expenditure for dog kennels (for a dog boarding business)?  They were built before the business started (they just took a long time setting up the business) but were intended for, and are, only used for the business.  Therefore if they are allowable as capital expenditure I intend to claim them as a start-up cost putting them on the books on the first day of trading.

However, I know that the rules for claiming for buildings can be complicated - so if there is anyone who knows anything on the subject any help would be appreciated. 

Lucy 

  • 698 posts
  • # 74693

Hi Lucy

If I would you I would speak to their accoutnant and get their opinion on the subject.

As you say this area can get a little complex.

Kind regards
Stuart

  • Member PM.Dip
  • Practice Licence
  • 44 posts
  • # 74706

Hi Stuart

Thanks for your reply, unfortunetly the client doesn't have an accountant, if she did I would have steared clear of the matter!

I've spoken to the HMRC and they back my initial thoughts that there are no capital allowances available for the building costs etc.  However, there may be some for plant and machinery for the contents.

Lucy 

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